Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Monday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.18% to 6,060.80
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.12% to 6,128.60
- AUD/USD at US 71 cents
- Gold at US$1,314.14 an ounce
- Brent Oil at US$61.52 a barrel
The best-performing ASX 200 share today was aged care operator Estia Health Ltd (ASX: EHE) which rose 7.3% in response to more government funding.
Shares of pharmacy business Sigma Healthcare Ltd (ASX: SIG) grew 5.4% after announcing plans to reduce its costs by over $100 million.
The share price of Bendigo and Adelaide Bank Ltd (ASX: BEN) dropped 6.8% with the bank reporting a sizeable drop of its profit in the interim result.
Large retailer JB Hi-Fi Limited (ASX: JBH) went up 1.8% in response to the continuing revenue and profit growth that was reported this morning.
Shares of global packaging company Amcor Limited (ASX: AMC) rose 1.9% in response to its financial result.
Big banks didn’t do well today – National Australia Bank Ltd (ASX: NAB) shares fell 1.6% and the Westpac Banking Corp (ASX: WBC) share price dropped 1.5%.
Finally, Aurizon Holdings Ltd (ASX: AZJ) shares ended the day slightly up 0.2% despite reporting a double digit drop of profit.
Here are some of today’s top stories:
- 3 ASX shares to buy for investors in their 50s
- Housing malaise sees AVJennings’ share price drop as profits suffer
- Last week was a helluva week… but I still wouldn’t bet against history
- Should you use Afterpay?
NAB shareholders aren’t feeling much joy at the moment. Losing the CEO & Chairman is one thing, seeing the share price take a hit is even more painful. These ASX blue chips could prove to be better long-term investments than the banks.
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- NEW: Free report names top 3 ASX dividend shares to buy for 2019
- Top analysts name their top 3 ASX blue chip shares for 2019
- Richest man alive issues dire warning
- 3 quality dividend shares to boost your income
Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of National Australia Bank Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2019